Azerbaijan: Grinding Machine Market 2025

Grinding Machine Market Size in Azerbaijan

In 2021, after two years of growth, there was significant decline in the Azerbaijani grinding machine market, when its value decreased by -46.9% to $X. Overall, consumption, however, enjoyed a perceptible increase. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Grinding Machine Exports

Exports from Azerbaijan

In 2021, exports of machines having individual functions, for mixing, kneading, crushing or grinding from Azerbaijan soared to X units, increasing by 200% compared with the year before. In general, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 433%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, grinding machine exports surged to $X in 2021. Over the period under review, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2019 with an increase of 772% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Romania (X units), Russia (X units) and Georgia (X units) were the main destinations of grinding machine exports from Azerbaijan, together comprising 50% of total exports. These countries were followed by Trinidad and Tobago and Iraq, which together accounted for a further 33%.

From 2012 to 2021, the biggest increases were recorded for Iraq (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for grinding machine exported from Azerbaijan were Trinidad and Tobago ($X), Russia ($X) and Georgia ($X), with a combined 93% share of total exports.

In terms of the main countries of destination, Georgia, with a CAGR of +27.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average grinding machine export price amounted to $X per unit, dropping by -48.9% against the previous year. In general, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 132%. The export price peaked at $X per unit in 2020, and then contracted dramatically in the following year.

Prices varied noticeably country of destination: the country with the highest price was Trinidad and Tobago ($X per unit), while the average price for exports to Iraq ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1,044.7%), while the prices for the other major destinations experienced more modest paces of growth.

Grinding Machine Imports

Imports into Azerbaijan

In 2021, imports of machines having individual functions, for mixing, kneading, crushing or grinding into Azerbaijan reduced notably to X units, with a decrease of -45.4% compared with the year before. In general, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of 369%. Imports peaked at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, grinding machine imports contracted notably to $X in 2021. Overall, imports saw a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 298%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

France (X units), China (X units) and Turkey (X units) were the main suppliers of grinding machine imports to Azerbaijan, with a combined 47% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +58.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest grinding machine suppliers to Azerbaijan were Turkey ($X), Russia ($X) and China ($X), with a combined 57% share of total imports.

Russia, with a CAGR of +56.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average grinding machine import price amounted to $X per unit, declining by -42.3% against the previous year. Overall, the import price faced a deep setback. The most prominent rate of growth was recorded in 2020 an increase of 306% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Russia ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :